$1,690,000

1800 N Dixie Hwy

Hollywood FL, 33020

Description

This 12,013 SF flex space building is a perfect blend of retail and true industrial situated on a 14,176 SF lot. This building is currently vacant. A new investor can tenant this property after closing at a conservative rates of $14 a foot net. This pro-forma NOI will provide an investor with a strong 9.95% capitalization rate at the full asking price of $1,690,000. Enclosed in this package lease analytics showing resent comparable leases are as hight as $22 p/sf Net. This property will also work for an owner-user looking to relocate in East Hollywood.Liberal new DH3 zoning permits most uses and encourages new developments with generous height restrictions. See enclosed DH3 zoning outline.Please call for additional information or to receive an offering memorandum.

Details

MLS#A10813087
Listing TypeFor Lease
StatusActive
Year1961
Days On Site389

Features

SQ Feet6,525
Story(s)2
Loading Form
Loading Form
Area Information
StateFL
CountyBroward County
CityHollywood
Zip Code33020
Area3050
Listing VS Median (in 33020)
Price:
$1,690,000
low | high
Med:
$109,000
100% of Average
SqFt:
6,525
low | high
Med:
576
100% of Average
$ / SqFt:
$259
low | high
Med:
$189
76.936945266272% of Average
On Site:
389
low | high
Med:
355
100% of Average
Listing Updated: February 23, 2021 7:49:59 PM PST
John DeMarco LogoMLS Number: A10813087
Listing Provided By:
John DeMarco  of  RE MAX 5 Star Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Miami Board of Realtors®